Popular NFT marketplace OpenSea is set to enable support for the Ethereum layer-2 scaling network, Arbitrum. The integration is geared at bolstering access to non-fungible tokens (NFTs) and Web 3 serv...
Tag: layer2
Vitalik Buterns reveals Layer-3s to have “bigger role” as Layer-2 scaling ecosystem matures
Blockchains are usually referred to as either a Layer-1 or Layer-2 solution. Layer-1s are the base layer of an ecosystem such as Ethereum, Cardano, or Solana. Layer-2 solutions are anchored to Layer-1...
Not a Dogecoin’s Layer-2 Solution, Dogechain is Here
Last week, a new blockchain platform named Dogechain was launched. Apparently, it may seem like this would be some product within the Dogecoin ecosystem but it’s not. Although Dogechain would ac...
Lido Announces Details On Ethereum Staking On Layer-2 Arbitrum And Optimism
Crypto liquidity staking platform Lido on Tuesday announced the first steps and technical details about stETH expansion across the Layer-2 DeFi ecosystem. In the initial launch phase, Ethereum (ETH) s...
Will The Layer-2 Scaling Solutions Be Threat To Ethereum (ETH) Price Rally? – Coinpedia – Fintech & Cryptocurreny News Media
The Ethereum (ETH) blockchain’s potential effects on scaling solutions are being examined by cryptocurrency exchange Coinbase. Layer-2 scaling solutions (L2s), according to a study by Coinbase, may re...
Researchers discover vulnerabilities in Bitcoin layer-2 Lightning Network
Researchers at the University of Illinois have discovered vulnerabilities in the Bitcoin (BTC) Lightning Network that could result in the theft of 750 BTCs (roughly $18 million). The two researchers, ...
Ethereum Layer2 Arbitrum Launches New Nova Network With Reddit Support
Arbitrum, an Ethereum layer2 scaling solution, has launched a second chain built on AnyTrust Technology dubbed “Arbitrum Nova.” Reddit will use the new chain to enhance its blockchain-based Community ...
Total Value Locked (TVL) on Ethereum Layer-2 Optimism Surpasses $700M
Optimism, an Ethereum-based layer-2 scaling solution has just attained a milestone, crossing $700 million in its total value locked (TVL) and seeing a new all-time-high (ATH) in its native token, OP. ...
The Layer-2 Wars could be the next big trend in crypto leading up to The Merge
DeFi analyst and YouTuber Patrick Dynamo DeFi, highlighted Monday several exciting trends in the world of DeFi, including the rise of the “L2 wars.” Over the past week, revenue for Polygon, Optimism, ...
Ethereum Layer-2 Scaling Solution zkSync Announces Mainnet Launch in 100 Days
zkSync will support scripting languages for EVM-based apps such as Solidity and Vyper. The mainnet launch for zkSync 2.0 shall happen before the end of 2022. On Wednesday, July 20, Ethereum Layer-2 sc...
DeFi DIY: Moving Coins Between Layer-2 Solutions on Hop Protocol
Art by Grant Kempster Welcome to DeFi D.I.Y., where Decrypt’s DeFi whiz walks you through how to use a specific DeFi tool or platform. Today: moving funds around on Hop Protocol. Moving between ...
Lido Finance to Cut Fees, Increase Speeds With Ethereum Layer-2 Integrations
Fees on Ethereum are low today, but Lido Finance wants to keep them low tomorrow. The so-called liquid staking service has announced that it will begin expanding into various layer-2 scaling solution...
Lido Announces stETH Layer-2 Compatibility as LDO Explodes 160% Weekly
The development team behind Lido announced plans to expand the support for its staked Ether (stETH) across the growing layer 2 ecosystem to allow stakers to enjoy lower fees and access to a new suite ...
Ethereum staking service Lido announces layer-2 expansion
Crypto staking service provider Lido Finance has announced plans to expand staked Ether (stETH) support across the ecosystem of Ethereum layer-2 (L2) networks. In a Monday blog post, the Lido team not...
Ethereum Layer-2 Immutable X Plots $500M Fund for NFT, Game Developers
In brief Immutable X is used by firms like GameStop, TikTok, and ESL for NFT collectibles and crypto-powered video games. Funds will support development, building upon success with blockchain games Go...
Ankr Is Now An RPC Provider To Ethereum Layer-2 Scaling Solution Optimism
Advertisement     Ankr, a leading Web3 infrastructure provider, is excited to announce it has become a Remote Procedure Call (RPC) provider to Optimism, a blazing fast...
Syscoin Launches Comprehensive In-house Layer-2 Rollup Suite ‘Rollux’
Syscoin is meant to be utilized by everyone from the unbanked to the world’s most powerful corporations and governments. In order to provide the most competent platform with Bitcoin’s security, Ethere...
Ethereum Layer-2 Solution Optimism Loses 20 Million Tokens in Interlayer Snafu
In brief The Layer 2 scaling solution provider failed to sync its Optimism address to an Ethereum address before a large transfer. The stolen OP tokens were valued at $35 million at the time of the ha...
Ethereum Layer-2 Optimism Records Nearly $1B in TVL Getting Second Place In ETH L2 Platforms, After OP Token Launch
– Advertisement – Optimism continues to record tremendous growth. Following the launch of the governance token of Ethereum layer-2 scaling platform Optimism, the network has recorded a mas...
Would Ethereum Layer-2 Chains Be Capable Of Surviving The Merge
The demand for networks like Ethereum will increase exponentially as adoption grows. Poapster, a contributor to Harvest Finance, a leading DeFi yield farming technology, is optimistic about the future...
Will Ethereum Layer-2 chains survive after The Merge?
? Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum is finally moving to proof-of-stake this year, and with that, the aim is to: “Ultimately address some of the gas fee ...
Layer-2 adoption could spur the next crypto turning point
A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum. The May 22 post explains t...
Ethereum Layer-2 Scaling Solution Optimism Now Supported By Binance
Binance, the world’s largest cryptocurrency exchange by volume, announced on Friday that it had integrated the layer-2 scaling solution Optimism because Binance is optimistic about the future of Ether...
Layer-2 Scaling Solutions: A Framework for Comparison
Executive Summary Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value ...
Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable
Ethereum (ETH) founder Vitalik Buterin said the gas cost levied on Layer-2 solutions must be significantly lower before they can be “acceptable.” Vitalik commented in response to a tweet by Ryan Sean ...
Vitalik Buterin Wants ETH Layer-2 Transactions Costs Lower Than $0.05
42 seconds ago | 2 mins read Editors News The recently-delayed merge to Proof-of-Stake will permit sharding. Otherdeeds non-fungible token buyers paid over 60,000 ETH ($165 million) fees. To be “trul...
ETH Layer-2 Fees Must Get to $0.05 to be Acceptable
Vitalik Buterin, the founder of Ethereum, has recently opined that the gas fee charged on Layer-2 solutions has to be reasonably low to be acceptable. Buterin made his statement in reply to a tweet by...
Ethereum’s Layer2 developments look strong as per quarterly reports
Ethereum network has a series of developments in the pipeline certain applications and administrations have dramatically increased in the first quarter of 2022 Other blockchains acquired favor among...
Vitalik Buterin Bullish On Layer-2 Protocol “Optimism”; Here’s Why
Ethereum Layer-2 protocol, Optimism, has dropped a surprise announcement for the community. The project is venturing into establishing a decentralized autonomous organization (DAO) that will take over...
Ethereum Layer-2, Optimism Officially Announced The Launch Of Its ‘OP’ Token
– Advertisement – There are various criteria for addresses to be eligible for Optimism’s token airdrop as the team announces the launch of the ‘Optimism Collective’ token. A few days ag...